South and Central America Automated Dispensing Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Operation (Decentralized Systems, Centralized Systems); Application (Out-Patient Automated Dispensing, In-Patient Automated Dispensing); End User (Retail Pharmacies, Hospital Pharmacies, Others), and Country

Publication Month: Oct 2020 | Report Code: TIPRE00015440 | No. of Pages: 70 | Category: Medical Device | Status: Published
Covid

The South and Central America automated dispensing systems market was valued at US$ 57.06 million in 2019 and is projected to reach US$ 95.97 million by 2027; it is expected to grow at a CAGR of 6.8% during the forecast period.

The growth of the South and Central America automated dispensing systems market is attributed to key driving factors such as rise in awareness towards health and safety for reduction of medication errors, increasing adoption of processes to control inventory costs, technological advancements and improving healthcare infrastructure during the forecast period. However, problems associated with automated dispensing systems such as excessive use of overrides in cabinets with patient profiling and placing wrong program input are likely to pose a negative impact on the market growth.

Medication error is irrational, inappropriate, and ineffective medication dispensing that has the potential to harm the patient. An Article published in NCBI, stated that population above 60 years of age is 11.7 percent in South America and 9.6 percent in Central America.  With more geriatric population living past the age of 60, the outh and Central America faces a growing chronic disease burden. In the wake of the increasing incidence of deaths caused by medication errors, government agencies across the globe have started encouraging hospitals and pharmacies to implement advanced technologies for dispensing accurate dosage of medicines to manage medical conditions more effectively.

Hospitals are adopting advanced technologies such as automated dispensing systems to store, dispense, and track medicines in order to improve efficiency and patient safety. These systems enhance the efficiency of medication distribution and also minimize the medication errors in hospitals. As the majority of geriatric population suffers from various chronic diseases, there is increase in the demand for advanced medication.

The emerging markets in the developing countries are giving better opportunity for the major players to expand their business. Several companies are actively involved in developing novel, advanced medication management solutions for hospitals and pharmacies and applying error-free, fully automated medication management systems, with a strong focus on work flow of automated dispensing systems.

However, the COVID-19 pandemic is perplexing healthcare institutions in the region with unprecedented operational and clinical challenges showing a negative impact on South and Central America market growth. Research institutes, Pharmaceutical, and Biotech companies are engaged in collaborative work to address the COVID-19 outbreak.

South and Central America Automated Dispensing Systems Market Revenue and Forecast to 2027 (US$ Mn)

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South and Central America Automated Dispensing Systems Market–

South and Central America Automated Dispensing Systems Market– By Operation

  • Decentralized Systems
  • Centralized Systems

 

South and Central America Automated Dispensing Systems Market– By Application

  • Out-Patient Automated Dispensing
  • In-Patient Automated Dispensing

 

South and Central America Automated Dispensing Systems Market– By End User

  • Retail Pharmacies
  • Hospital Pharmacies
  • Others

 

South and Central America Automated Dispensing Systems Market– By Country

  • Brazil
  • Argentina
  • Rest of the South and Central America

 

Company Profiles

  • Cerner Corporation
  • Capsa Healthcare
  • BD
  • ARxIUM
  • Accu-Chart Plus Healthcare Systems

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 South and Central America Automated Dispensing Systems Market– By Operation

1.3.2 South and Central America Automated Dispensing Systems Market– By Application

1.3.3 South and Central America Automated Dispensing Systems Market– By End User

1.3.4 South and Central America Automated Dispensing Systems Market– By Geography

2. Automated Dispensing Systems Market – Key Takeaways3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. South and Central America Automated Dispensing Systems Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 South & Central America

4.3 Expert Opinion

5. Automated Dispensing Systems Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Medication Errors

5.1.2 Rising Geriatric Population

5.2 Market Restraints

5.2.1 Problems Associated with Automated Dispensing Systems

5.3 Market Opportunities

5.3.1 Emerging Markets

5.4 Future Trends

5.4.1 Technological Developments

5.5 Impact Analysis

6. Automated Dispensing Systems Market– Regional Analysis

6.1 South and Central America Automated Dispensing Systems Market Revenue Forecast and Analysis

7. Automated Dispensing Systems Market Analysis –  By Operation

7.1 Overview

7.2 Automated Dispensing Systems Market Share, by Operation, 2019 and 2027 (%)

7.3 Centralized Systems

7.3.1 Overview

7.3.2 Centralized Systems: Automated Dispensing Systems Market– Revenue and Forecast to 2027  (US$ Million)

7.4 Decentralized Systems

7.4.1 Overview

7.4.2 Decentralized Systems: Automated Dispensing Systems Market– Revenue and Forecast to 2027  (US$ Million)

8. Automated Dispensing Systems Market Analysis –  By Application

8.1 Overview

8.2 Automated Dispensing Systems Market Share, by Application, 2019 and 2027 (%)

8.3 In-Patient Automated Dispensing

8.3.1 Overview

8.3.2 In-Patient Automated Dispensing: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

8.4 Out-Patient Automated Dispensing

8.4.1 Overview

8.4.2 Out-Patient Automated Dispensing: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

9. Automated Dispensing Systems Market Analysis – By End User

9.1 Overview

9.2 Automated Dispensing Systems Market Share, by End User, 2019 and 2027 (%)

9.3 Hospital Pharmacies

9.3.1 Overview

9.3.2 Hospital Pharmacies: Automated Dispensing Systems Market– Revenue and Forecast to 2027  (US$ Million)

9.4 Retail Pharmacies

9.4.1 Overview

9.4.2 Retail Pharmacies: Automated Dispensing Systems Market– Revenue and Forecast to 2027  (US$ Million)

9.5 Others

9.5.1 Overview

9.5.2 Others: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

10. Automated Dispensing Systems Market Analysis and Forecasts To 2027 – Geographical Analysis

10.1 South and Central America: Automated Dispensing Systems Market

10.1.1 Overview

10.1.2 South and Central America: Automated Dispensing Systems Market – Revenue and Forecast to 2027 (USD Million)

10.1.3 South and Central America Automated Dispensing Systems Market, by Operation – Revenue and Forecast to 2027 (USD Million)

10.1.4 South and Central America Automated Dispensing Systems Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.5 South and Central America Automated Dispensing Systems Market, by End User – Revenue and Forecast to 2027(USD Million)

10.1.6 South and Central America: Automated Dispensing Systems Market, by Country, 2019 & 2027 (%)

10.1.7 Brazil: Automated Dispensing Systems Market – Revenue and Forecast to 2027 (USD Million)

10.1.7.1 Brazil: Automated Dispensing Systems Market – Revenue and Forecast to 2027 (USD Million)

10.1.7.2 Brazil Automated Dispensing Systems Market, by Operation – Revenue and Forecast to 2027 (USD Million)

10.1.7.3 Brazil Automated Dispensing Systems Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.7.4 Brazil Automated Dispensing Systems Market, by End User – Revenue and Forecast to 2027(USD Million)

10.1.8 Argentina: Automated Dispensing Systems Market – Revenue and Forecast to 2027 (USD Million)

10.1.8.1 Argentina: Automated Dispensing Systems Market – Revenue and Forecast to 2027 (USD Million)

10.1.8.2 Argentina Automated Dispensing Systems Market, by Operation – Revenue and Forecast to 2027 (USD Million)

10.1.8.3 Argentina Automated Dispensing Systems Market, by Application – Revenue and Forecast to 2027 (USD Million)

10.1.8.4 Argentina Automated Dispensing Systems Market, by End User – Revenue and Forecast to 2027(USD Million

11. Impact Of COVID-19 Pandemic on South and Central America Automated Dispensing Systems Market

11.1 South and Central America: Impact Assessment of COVID-19 Pandemic

12. Company Profiles

12.1 Capsa Healthcare

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 BD

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 ARxIUM

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Accu-Chart Plus Healthcare Systems

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 RxMedic Systems, Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

13. Appendix

13.1 About the Insight Partners

13.2 Glossary of Terms, Automated Dispensing Systems Market


LIST OF TABLES

Table 1. South and Central America Automated Dispensing Systems Market, by Operation – Revenue and Forecast to 2027 (USD Million)

Table 2. South and Central America Automated Dispensing Systems Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 3. South and Central America Automated Dispensing Systems Market, by End User– Revenue and Forecast to 2027(USD Million)

Table 4. Brazil Automated Dispensing Systems Market, by Operation – Revenue and Forecast to 2027 (USD Million)

Table 5. Brazil Automated Dispensing Systems Market, by Application – Revenue and Forecast to 2027 (USD Million)

Table 6. Brazil Automated Dispensing Systems Market, by End User – Revenue and Forecast to 2027(USD Million)

Table 7. Argentina Automated Dispensing Systems Market, by Operation – Revenue and Forecast to 2027 (USD Million)

Table 8. Argentina Automated Dispensing Systems Market, by Application – Revenue and Forecast to 2027  (USD Million)

Table 9. Argentina Automated Dispensing Systems Market, by End User – Revenue and Forecast to 2027(USD Million)

Table 11. List of Abbreviation

 

LIST OF FIGURES

Figure 1. Automated Dispensing Systems Market Segmentation

Figure 2. Automated Dispensing Systems Market, By Region

Figure 3. South and Central America Automated Dispensing Systems Market Overview

Figure 4. Centralized Systems Segment Held Largest Share of Operation in Automated Dispensing Systems Market

Figure 5. South and Central America Automated Dispensing Systems Market- Leading Country Markets (US$ Million)

Figure 6. South & Central America PEST Analysis

Figure 7. Expert Opinion

Figure 8. Automated Dispensing Systems Market Impact Analysis of Driver and Restraints

Figure 9.  South and Central America Automated Dispensing Systems Market– Revenue Forecast and Analysis – 2019- 2027

Figure 10. Automated Dispensing Systems Market Share, by Operation, 2019 and 2027 (%)

Figure 11. Centralized Systems: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

Figure 12. Decentralized Systems: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

Figure 13. Automated Dispensing Systems Market Share, by Application, 2019 and 2027 (%)

Figure 14. In-Patient Automated Dispensing: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

Figure 15. Out-Patient Automated Dispensing: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

Figure 16. Automated Dispensing Systems Market Share, by End User, 2019 and 2027 (%)

Figure 17. Hospital Pharmacies: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

Figure 18. Retail Pharmacies: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

Figure 19. Others: Automated Dispensing Systems Market– Revenue and Forecast to 2027 (US$ Million)

Figure 20. South and Central America: Automated Dispensing Systems Market, by Key Country – Revenue (2019)  (USD Million)

Figure 21. South and Central America Automated Dispensing Systems Market Revenue and Forecast to 2027  (USD Million)

Figure 22. South and Central America: Automated Dispensing Systems Market, by Country, 2019 & 2027 (%)

Figure 23. Brazil: Automated Dispensing Systems Market – Revenue and Forecast to 2027 (USD Million)

Figure 24. Argentina: Automated Dispensing Systems Market – Revenue and Forecast to 2027 (USD Million)

Figure 25. Impact of COVID-19 Pandemic in South and Central America Market

 

  1. Cerner Corporation
  2. Capsa Healthcare
  3. BD
  4. ARxIUM
  5. Accu-Chart Plus Healthcare Systems

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America  automated dispensing systems market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America automated dispensing systems market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

 

TIPRE00015440
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